Peterhead Port Embraces the Energy Transition Opportunity
Key Highlights :
More than 200 people attended an energy transition event hosted by Peterhead Port Authority (PPA) last week in conjunction with Invest Aberdeen and the North Sea Transition Authority. The event, Peterhead Port: Embracing the Energy Transition Opportunity, was held at the Score Group premises in the town and opened by PPA Chief Financial Officer Stephen Paterson. He noted that over £100 million had been invested in port infrastructure during his 30 years, but the years ahead would be the most exciting.
David Duguid MP spoke about the fact that Peterhead had changed with the times and embraced the opportunities coming its way. He believed that the North-East of Scotland had the skills and opportunities to embrace the transition and lead the way - creating valuable jobs for the region. He praised the PPA event at Score Group and said the area needed to push forward into the future of solar, wind, hydrogen, CCUS and other opportunities.
Phil Milton, CEO of decommissioning specialist Well-Safe Solutions, said the business had grown from six staff members when it launched in 2017 to almost 400 today. He praised the facilities at Peterhead Port and said it could benefit hugely from some of the reverse engineering the decommissioning sector would create in the coming decades. He said £2bn was expected to be spent on decommissioning in the next year and 48% will be spent on well decommissioning.
Ian Davidson, Score Group commercial director, said the company had been investing heavily in the next generation of people within the sector who would lead the charge. They have 350 apprentices worldwide and most of them are in Peterhead - they are investing in young people on an industrial scale. The average age of a Score person is 32 years old - there’s loads of young faces in their business who are the future of the sector.
The energy transition event hosted by Peterhead Port Authority was a great success, with attendees learning about the opportunities that the energy transition presents to the region. The event highlighted the importance of investing in the next generation of people and the potential for Peterhead Port to benefit from the decommissioning sector. With the right investments and forward-thinking, Peterhead Port can become a key player in the energy transition and create jobs and prosperity for the region.
